Published on 23/09/2022 1:26:02 PM | Source: Accord Fintech

Mindtree zooms on the BSE

Posted in Stock Market| #IT Sector #Stock Market #Mindtree

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Mindtree is currently trading at Rs. 3200.00, up by 32.20 points or 1.02% from its previous closing of Rs. 3167.80 on the BSE.

The scrip opened at Rs. 3151.00 and has touched a high and low of Rs. 3235.60 and Rs. 3141.90 respectively. So far 20190 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5059.15 on 18-Nov-2021 and a 52 week low of Rs. 2650.00 on 26-May-2022.

Last one week high and low of the scrip stood at Rs. 3235.60 and Rs. 3038.00 respectively. The current market cap of the company is Rs. 53137.08 crore.

The promoters holding in the company stood at 60.99%, while Institutions and Non-Institutions held 23.75% and 15.26% respectively.

Mindtree had launched Construction 360, a comprehensive, integrated cloud-based Salesforce solution designed to enable construction companies to streamline processes and increase productivity.

Launched at Dreamforce 2022, Construction 360 combines Mindtree’s extensive domain expertise, cloud capabilities, and NxT product suite with Salesforce’s advanced Sales Cloud, Service Cloud, and other technologies. It provides the needed digital infrastructure for construction companies to gain real-time endto-end visibility across the construction value chain and adopt next-generation technologies, boosting efficiencies, streamlining costs, and accelerating time-to-market.

The solution enables construction companies to maximize performance and predictability across project lifecycle through superior management of bids, clients, suppliers, and projects, enhanced resource mobilization, and improved asset operations, thus making their operations and projects more sustainable. By using sophisticated Internet of Things, building information modeling, augmented reality/virtual reality, artificial intelligence and machine learning technologies, the solution aids data-driven decision-making, automation of key tasks, and better forecasting.

Mindtree is a global technology consulting and services company, helping enterprises marry scale with agility to achieve competitive advantage.